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227 E 111th St, Los Angeles, CA 90061
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227 E 111th St Los Angeles, CA 90061

$578,000 Sold Price as of 04/27/2021
  • 4 Beds
  • 2 Baths
  • 1,483 Sq.Ft.
Sold
$578,000 Sold Price as of 04/27/2021 Refinance Your Mortgage
Map preview of 227 E 111th St, Los Angeles, CA 90061

Property Overview: 227 E 111th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,483 living square feet and 5,323 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two Units - Front unit features 3 bedrooms and 1 full bathroom, open floor plan. Rear unit is 1 bedroom and 1 full bathroom with a office, which can be used as a 2nd bedroom. Standard sale, front unit will be turned over vacant, rear unit can be negotiated. On a month to month, paying $1100/month. Two separate structures with plenty of open parking for up to 8 cars. Property is fully gated.

Listed by Ray Penado | BRE #01709871 | Excellence RE Real Estate
Co-listed by Vanessa Penado | BRE #01707197 | Excellence RE Real Estate
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
5,323
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW21020469
City
Los Angeles
County
Los Angeles
Time on Site
1326 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,000
  • Net Operating Income: $2,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $100
  • New Taxes: $6,000
  • Trash: $40
  • Insurance: $60
  • Water/Sewer: $200

Property Details for 227 E 111th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Room Information
  • All Bedrooms Down
Interior Features
  • Recessed Lighting
  • Levels: One
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Stucco Wall, Wood, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6073015023
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Between San Pedro and Main, on 111th St
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 227 E 111th St

Last sold for $578,000 on April 27th, 2021

  • April, 2021

  • Apr 29, 2021

    Date

    Sold

    CRMLS: DW21020469

    $578,000

    Price

  • Apr 23, 2021

    Date

    Pending

    CRMLS: DW21020469

    $550,000

    Price

  • Feb 24, 2021

    Date

    Active Under Contract

    CRMLS: DW21020469

    $550,000

    Price

  • Feb 1, 2021

    Date

    Active

    CRMLS: DW21020469

    $550,000

    Price

  • March, 2012

  • Mar 23, 2012

    Date

    Sold (Public Records)

    Public Records

    $189,000

    Price

  • June, 2011

  • Jun 13, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 227 E 111th St

Assessed Value (2020): $217,061
Year Land Value Improved Value Assessed Value
2020 $114,847 $102,214 $217,061

Home Value Compared to the Market

This property vs the competition

227 E 111th St sold on April 27, 2021 for 50.89% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $370.87 per/sqft which puts the price per square foot 48.77% lower than the current median sale per square foot for the city of Los Angeles.

About 227 E 111th St

Detailed summary of property

227 E 111th St is a duplex that recently sold in Los Angeles, CA 90061. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,483 living square feet, and sits on an approximately 5,323 square foot lot. 227 E 111th St was first listed on ArdentRealEstateGroup.com on February 1, 2021. The homeowner sold the property for $578,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.89% lower than the current median priced home. Local homes that are currently for sale include 8319 S Hoover St, 1141 W 89th St and 1609 W 107th St. While the average home in Los Angeles, CA is selling in 106 days, 227 E 111th St has a days on market of 22 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 227 E 111th St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 227 E 111th St

Public county record property details
Beds
3
Baths
2
Year built
1923
Sq. Ft.
1,483
Lot Size
5,323
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
181
APN
6073-015-023

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$582,500
Median List Price/Sq.Ft.
$500
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$391
Total Inventory
19
Median Sale to List Price %
105.71%
Avg Days on Market
66
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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